• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
paid leave

The $3.5 trillion budget promises Americans 12 weeks of paid leave—and workers are all for it

Megan Leonhardt
By
Megan Leonhardt
Megan Leonhardt
Down Arrow Button Icon
Megan Leonhardt
By
Megan Leonhardt
Megan Leonhardt
Down Arrow Button Icon
September 23, 2021, 3:00 PM ET
Add Fortune on Google for similar content.

After living through the effects of the COVID-19 pandemic, it’s no surprise that a majority of Americans place a higher premium on paid time off policies these days. In fact, 7 in 10 voters believe employers should be required to offer paid time off for employees who have been with a company for at least a year, according to a new survey commissioned by the American Council of Life Insurers.

If Biden gets his way, employees may soon have access to more paid leave. The House Ways and Means Committee passed its provisions of the Build Back Better Act reconciliation budget that would allow for 12 weeks of paid family and medical leave for all workers.

Under the proposal, workers could use the 12 weeks for medical leave or to care for new children or family members related by “by blood or affinity” starting in 2023. On average the benefits would pay workers about two-thirds of regular wages. The paid leave would be available for full-time and part-time employees, as well as gig workers and those who are self-employed across all public and private sector companies.

The plan would help subsidize employer-based leave programs already in place—as long as they met the federal minimums—as well as existing state paid-leave programs. Workers who otherwise couldn't access these existing programs would get direct federal benefits. Small employers with less than 50 employees may be eligible for grants to help cover the cost.

Nearly 80% of Americans have access to paid sick leave benefits, but many times they are minimal —and even fewer, 19%, have defined paid family leave benefits through their employer. Currently, American workers receive a median amount of seven paid sick days, while the typical vacation time granted is 10 days, according to the National Partnership for Women & Families.

Some do receive paid time off in the case of medical issues through short-term disability. Nearly half of full-time workers, 47%, and 16% of part-time workers have access to paid leave benefits through their employers’ short-term disability plans, according to ACLI. 

Additionally, nine states and D.C. have passed paid leave programs and are at various stages of implementation, according to the Center on Budget and Policy Priorities. Some workers also have access to unpaid leave through the 1993 Family and Medical Leave Act, but 44% don’t qualify because they’re employed with smaller companies, only work part-time or haven’t been with their employer long enough.

Although the House has approved the paid leave measures, the budget provisions still face an uphill battle in becoming the law of the land. Moderate Democrats in the Senate, including Joe Manchin (D-W.V.), and Republicans have said they wouldn't support a $3.5 trillion price tag, calling for far less spending.

“This package, coupled with the bipartisan infrastructure plan, represents our firm belief that it’s not just the roads that get you to work that require funding, basic supports like child care and paid leave are also essential features of society worthy of investment,” said Ways and Means Chairman Richard E. Neal (D-Mass.). “As the broader negotiations continue, I must emphasize that now is not the time to settle for less.”

More must-read business news and analysis from Fortune:

  • Chipmakers to carmakers: Time to get out of the semiconductor Stone Age
  • Where home prices are going next, according to forecast models
  • 3 things to know about Brilliant Earth’s IPO
  • Two new quantum computing breakthroughs reveal the technology’s commercial potential
  • Two weeks later, how is El Salvador’s Bitcoin strategy going?

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.

About the Author
Megan Leonhardt
By Megan Leonhardt
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Careers

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Careers

Financial advisor presents a graph to her client.
Career HubEducation
How to become a financial advisor: 4 steps to a life-long career
By Preston ForeJanuary 2, 2025
2 years ago
Group of business people look at charts and graphs.
Career HubEducation
How to become an actuary: 4 steps to earn six figures
By Preston ForeOctober 21, 2024
2 years ago
Woman analyzes a chart with a laptop next to her.
Career HubEducation
How to become a CPA
By Preston ForeSeptember 27, 2024
2 years ago
Woman explains a concept to a woman sitting next to her.
Career HubEducation
How to become an accountant
By Preston ForeSeptember 20, 2024
2 years ago
Group of varied professionals stand looking toward the camera.
Career HubEducation
These are the nation’s fastest growing jobs—and many pay $100k
By Preston ForeSeptember 13, 2024
2 years ago
Nurse pulls cash out of the front pocket of their scrubs.
Career HubEducation
A guide to a nurse’s salary: Broken down by all 50 states and industry type
By Preston ForeAugust 7, 2024
2 years ago

Most Popular

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
2 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
8 hours ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.